The “Tariff Man” strikes again. Two tweets by Donald Trump over the weekend have put markets into risk-off mode. US-China trade talks had seemed to be going well. A “historic” trade deal this Friday was possible. The US president’s motives might have been tactical, to increase pressure on Beijing. But for weeks, expectations of an imminent deal have been priced into the Chinese markets.
“關稅男”又出手了。唐納德?特朗普(Donald Trump)周末發布的兩條推文，促使市場進入避險狀態。此前美中貿易談判似乎進展順利。在本周五達成“歷史性”貿易協議原本是有可能的。美國總統的動機可能是戰術性的：加大對北京方面的壓力。但幾周以來，中國股市已經在定價上反映了對于即將達成協議的預期。
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